Franklin Academy Incorporated
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
- It owes more than it owns.
- Raising each dollar of donations cost 65 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
FRANKLIN ACADEMY IS AN ACCREDITED COLLEGE PREPARATORY BOARDING SCHOOL, SERVING BRIGHT STUDENTS IN GRADES 8-12, AND PG. FRANKLIN CREATES A COMMUNITY-FOCUSED BOARDING AND DAY SCHOOL WHERE STUDENTS WITH UNIQUE LEARNING STYLES DEVELOP AND STRENGTHEN ACADEMIC AND SOCIAL COMPETENCIES VITAL TO THE PURSUIT OF COLLEGE GOALS, PROFESSIONAL ASPIRATIONS, AND FULFILLING LIVES.
- Income
- $8.3 million
- Spending
- $8.3 million
- Spent on programs
- 78%
- Reserves
- -17.6 months of spending
- Largest source of income
- fees for its services, 95%
- Employees
- 73
- Highest pay
- $155,412, admissions d
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 23 out of 100. Higher than 2% of charities in its peer group (education, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 130% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
15 of 15Income rose 6% on the year before.
Spending floor
0 of 1578% of spending went to programs and raising each dollar of donations cost 65 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 31% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $6.5 million spent. FRANKLIN ACADEMY IS AN INDEPENDENT, NONPROFIT COLLEGE PREPARATORY BOARDING AND DAY SCHOOL LOCATED IN EAST HADDAM SERVING NEURODIVERGENT STUDENTS IN GRADES 8 THROUGH POSTGRADUATE. THE SCHOOL PROVIDES A COMPREHENSIVE EDUCATIONAL PROGRAM FOR STUDENTS WITH DIVERSE LEARNING PROFILES, INCLUDING AUTISM, ADHD, EXECUTIVE FUNCTIONING CHALLENGES, AND RELATED SOCIAL COMMUNICATION DIFFERENCES, THROUGH A STRENGTH-BASED AND STUDENT-CENTERED APPROACH THAT INTEGRATES RIGOROUS ADADEMICS WITH INDIVIDUALIZED EXECUTIVE FUNCTIONING SUPPORT, SOCIAL DEVELOPMENT, RESIDENTIAL LIFE PROGRAMMING, ATHLETICS, ARTS, AND COLLEGE AND CAREER READINESS SERVICES. THROUGH SMALL CLASS SIZES, ADVISORY SYSTEMS, EXPERIENTIAL LEARNING OPPORTUNITIES, LEADERSHIP DEVELOPMENT, AND STRUCTURED RESIDENTIAL PROGRAMMING, FRANKLIN ACADEMY SUPPORTS STUDENTS IN BUILDING INDEPEDENCE, SELF-AWARENESS, RESILIENCE, AND INTERPERSONAL SKILLS WHILE PREPARING THEM FOR SUCCESS IN HIGHER EDUATION, EMPLOYMENT, AND COMMUNITY LIFE. DURING THE 2024-2025 ACADEMIC YEAR, FRANKLIN ACADEMY ACHIEVED RECORD NEW STUDENT ENROLLMENT, SUCCESSFULLY RELAUNCHED ITS SUMMER AT FRANKLIN PROGRAM AT FULL ENROLLMENT CAPACITY, AND PILOTED THE LAUNCH OF ITS POST-GRADUATE PROGRAM WITH EIGHT STUDENTS. THE SCHOOL ALSO LAUNCHED ITS ANNUAL FUND CAMPAIGN, WHICH FULLY FUNDED AND EXPANDED ANIMAL SCIENCES AND PERFORMING ARTS PROGRAMMING, AND INTRODUCED VARISTY ATHLETICS, WHICH WAS FULLY SUPPORTED THROUGH DONOR CONTRIBUTIONS. FRANKLIN ACADEMY ADDITIONALLY OPERATES SUMMER AND AUXILIARY PROGRAMS THAT EXTEND ITS MISSION BEYOND THE TRADITIONAL ACADEMIC YEAR BY PROVIDING ENRICHMENT, TRANSITION SUPPORT, AND SKILL DEVELOPMENT OPPORTUNITIES FOR NEURODIVERGENT LEARNERS AND THEIR FAMILIES. FRANKLIN ACADEMY IS AN INDEPENDENT, NONPROFIT COLLEGE PREPARATORY BOARDING AND DAY SCHOOL LOCATED IN EAST HADDAM SERVING NEURODIVERGENT STUDENTS IN GRADES 8 THROUGH POSTGRADUATE. THE SCHOOL PROVIDES A COMPREHENSIVE EDUCATIONAL PROGRAM FOR STUDENTS WITH DIVERSE LEARNING PROFILES, INCLUDING AUTISM, ADHD, EXECUTIVE FUNCTIONING CHALLENGES, AND RELATED SOCIAL COMMUNICATION DIFFERENCES, THROUGH A STRENGTH-BASED AND STUDENT-CENTERED APPROACH THAT INTEGRATES RIGOROUS ADADEMICS WITH INDIVIDUALIZED EXECUTIVE FUNCTIONING SUPPORT, SOCIAL DEVELOPMENT, RESIDENTIAL LIFE PROGRAMMING, ATHLETICS, ARTS, AND COLLEGE AND CAREER READINESS SERVICES. THROUGH SMALL CLASS SIZES, ADVISORY SYSTEMS, EXPERIENTIAL LEARNING OPPORTUNITIES, LEADERSHIP DEVELOPMENT, AND STRUCTURED RESIDENTIAL PROGRAMMING, FRANKLIN ACADEMY SUPPORTS STUDENTS IN BUILDING INDEPEDENCE, SELF-AWARENESS, RESILIENCE, AND INTERPERSONAL SKILLS WHILE PREPARING THEM FOR SUCCESS IN HIGHER EDUATION, EMPLOYMENT, AND COMMUNITY LIFE. DURING THE 2024-2025 ACADEMIC YEAR, FRANKLIN ACADEMY ACHIEVED RECORD NEW STUDENT ENROLLMENT, SUCCESSFULLY RELAUNCHED ITS SUMMER AT FRANKLIN PROGRAM AT FULL ENROLLMENT CAPACITY, AND PILOTED THE LAUNCH OF ITS POST-GRADUATE PROGRAM WITH EIGHT STUDENTS. THE SCHOOL ALSO LAUNCHED ITS ANNUAL FUND CAMPAIGN, WHICH FULLY FUNDED AND EXPANDED ANIMAL SCIENCES AND PERFORMING ARTS PROGRAMMING, AND INTRODUCED VARISTY ATHLETICS, WHICH WAS FULLY SUPPORTED THROUGH DONOR CONTRIBUTIONS. FRANKLIN ACADEMY ADDITIONALLY OPERATES SUMMER AND AUXILIARY PROGRAMS THAT EXTEND ITS MISSION BEYOND THE TRADITIONAL ACADEMIC YEAR BY PROVIDING ENRICHMENT, TRANSITION SUPPORT, AND SKILL DEVELOPMENT OPPORTUNITIES FOR NEURODIVERGENT LEARNERS AND THEIR FAMILIES.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2003.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.